Thursday, 26 May 2016

It has been
quite some time now that technology has taken over in our lives. Connectivity
whether it is through the internet or the mobile platform has taken a huge
leap, and boundaries seem to wither with each passing day.

Saturday, 21 May 2016

With more monetary freedom
at one’s disposal, global consumerism is on an upswing. For the consumer
fraternity, the textile market and apparel industry have been amongst the
favorite sectors to shell out the bucks. The shift in demographic preferences
can be easily figured out from the emerging market trends highlighting the
global demand for apparels and the corresponding market competitions in place.
The textile industry is representative of a variegated spectrum of activities
ranging from cottage spinning and weaving sector at one end and capital
intensive mills at the other.

Friday, 13 May 2016

India, the second-largest producer of textiles and
garments, has been eyeing to be a sourcing hub, riding on the back of a skilled
labor force and opulence of cheap raw materials. With Indian Textile Industry
accounting for a quarter of the global spindle capacity, its potential size is
speculated to reach US$23 billion by the end of this decade.

Being the second largest employment
generating sector in the country after agriculture, Textile Industry has got a
huge bearing on the country’s economy. Hence, a holistic development of this
sector is imperative for GDP expansion. Infusing the right kind of technology
with this industry is definitely the roadmap to tap the entire market
potential.